Thank you, Mr. Chair.
Good afternoon, gentlemen.
Mr. Carney, you said last summer that Canadian companies are not doing enough to stimulate economic growth and create jobs.
According to Statistics Canada, those companies had a reserve of $526 billion at the end of the first quarter of 2012, an increase of 43% since the end of the 2009 recession. You called that reserve dead money.
Could you explain what the impact of this is, since the money is not being reinvested in the economy, or in productivity, where Canada is having trouble? What could be done to improve this situation? I know the Minister of Finance agreed with you that this was dead money.